We looked at the strongest blue chips in the world by the Inch Platform, listed by trend and acceleration forces (daily time series). In a few seconds, we obtained the list of over 1900 shares, including the 300 Chinese Large Cap. On the front page below, there are highlighted the top six blue chips in the world:
Among these, we can note the tangible presence of stocks directly linked to the Covid19 effect and indirectly to the global need to create an ESG world. Among the first we highlight Zoom and FedEx, while among the others Great Wall Motor, Dorel Industries, BYD and Longi Green are engaged in the green revolution that will characterize the coming years.
Consequently, it can be said that the stock market is rewarding two sectors above all, namely:
- smart working and home delivery;
- everything that is part of the green economy, especially if technologically advanced.
For months at the top of the ranking of all the blue chips in the world, the Zoom stock stands out, stealing the scepter of the strongest large-cap share in the world from the Tesla currently in ninth place.
Zoom hit a new all-time high yesterday. Its outlook is bullish with stops at 486.34 for the short term and at 461.90 for the medium / long term. The achievable targets are at 543.25 / 552.30 area and at 641.78 / 690.91 zone.
This rosy picture could will overshadowed in the short term by the new Microsoft initiatives concerning meeting communication online by upgrade of Skype and distribution of Microsoft Teams but also and above all in the futuristic holographic advances, which so far we have only watched in science fiction films but that the company is preparing to fall into everyday reality.
We will look at Microsoft next Monday. Happy weekend to everyone.